TAMPA, FL (October 4, 2023) – Franklin Street, a leading Tampa-based commercial real estate and insurance brokerage, announced today the lease of a 26,940-square-foot single tenant building with 1 acre of industrial outdoor storage in Clearwater, Florida. The property is located in Sunshine Industrial Park, an 83-acre industrial park spanning 219,000 square feet.
The Franklin Street Office & Industrial Services Team of Brad Hutton and Pat Kelly arranged the lease on behalf of the landlord, New York-based Zenith Industrial Outdoor Storage (IOS), while Matthew Alexander represented the tenant, Florida-based Gt Express Enterprises, Inc.
“This lease further supports Zenith’s conviction in the greater Tampa industrial storage market. We expect to see continued growth and expansion in the upcoming years and look forward to working with best-in-class firms like Franklin Street as Zenith continues to grow its Tampa-area footprint,” said Zenith CEO Ben Atkins.
GT Express Enterprises, one of the largest and most established trailer manufacturers in the Southeast, selected Sunshine Industrial Park as a hub to consolidate its area operations into a single location. Situated at 5303 126th Avenue N., it is conveniently located near St. Pete-Clearwater Airport and connected to major roadways including U.S. Route 19 and I-275 The move is anticipated to streamline the company’s manufacturing and shipping processes and enhance overall efficiency. Notably, the lease includes one acre of industrial outdoor storage.
“It’s important to our team that we find a way to ensure a good deal for both sides in our transactions. GT Express Enterprises is a local growing business in Pinellas County. We were able to help them expand their footprint and keep them at Sunshine Industrial Park,” said Brad Hutton, Director of Franklin Street’s Office and Industrial Services Team. “This agreement provides the owner, Zenith IOS, with a trusted long-term tenant and GT Express Enterprises with a cost-efficient way to expand their footprint and take advantage of the resources of Sunshine Industrial Park. We’re proud to have arranged it.”
About Zenith IOS:
Zenith Industrial Outdoor Storage is a vertically integrated investment, development and management company that acquires institutional-quality outdoor storage assets across the United States. Zenith provides best-in-class storage solutions to a wide variety of users seeking critical logistic support at various points along the nation’s supply chain. For more information go to www.zenithios.com.
About Franklin Street:
Founded in 2006 during one of the toughest real estate climates, Franklin Street focused on delivering value-added solutions to meet the evolving needs of clients. Through a collaborative philosophy of leveraging the resources, expertise and experience of each of its lines of business, Franklin Street has grown to include seven business divisions – Investment Sales, Tenant and Landlord Representation, Capital Advisory, Insurance, Property Management and Project Management. With $7 billion in transaction value across all major product types, Franklin Street offers unmatched value and optimal solutions for clients nationwide. Headquartered in Tampa, Fla., the firm has teams located in top markets throughout the country and works with owners and occupiers of commercial real estate nationwide. Learn more about Franklin Street at FranklinSt.com.
